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FX.co ★ BTC analysis for June 22,.2021 - Sellers are in control and potential for the bigger drop towards $21.000

BTC analysis for June 22,.2021 - Sellers are in control and potential for the bigger drop towards $21.000

Technical analysis:

BTC analysis for June 22,.2021 - Sellers are in control and potential for the bigger drop towards $21.000

BTC has been trading downside as I expected. The price reached the first downside target at $30.000 and it is heading towards second target at $20.000.

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Trading recommendation:

Watch for potential selling opportunities on the rallies with the downside targets at the price of $20.735.

Stochastic is showing fresh bear cross, which is another sign and confirmation for the downside rotation.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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